Announced on 26/3/20
The Government has announced help for self employed. They will receive 80% of the average profits over the last 3 years.
SELF-employed workers can get up to 80 per cent of their profits lost because of disruption to their business caused by the coronavirus crisis.
Chancellor Rishi Sunak announced the “unprecedented” bailout package aimed at helping the Britain’s army of self-employed workers this evening in an address to the nation.
This does not apply to self employed who earn over £50,000 per year or have not submitted tax returns.
